Light S.A (LIGT3) — Capital Reinvestment Ratio
Light S.A (LIGT3) has a Capital Reinvestment Ratio of 1.96x as of June 2025, meaning it reinvests 2% of its operating cash flow (R$213.72 Million) in capital expenditures (R$419.40 Million). See Light S.A (LIGT3) balance sheet quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Light S.A Capital Reinvestment Ratio (2003–2024)
This chart tracks Light S.A's Capital Reinvestment Ratio across 20 annual periods. Check Light S.A total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Light S.A (2003–2024)
Year-by-year Capital Reinvestment Ratio for Light S.A from 2003 to 2024. For live market cap and broader valuation context, see Light S.A (LIGT3) total market value.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.45x | R$2.15 Billion | R$967.05 Million | ▼ -18.8% |
| 2023 | 0.55x | R$1.40 Billion | R$773.14 Million | ▼ -92.4% |
| 2022 | 7.32x | R$200.76 Million | R$1.47 Billion | ▲ +1664.7% |
| 2020 | 0.42x | R$2.33 Billion | R$968.48 Million | ▼ -78.0% |
| 2019 | 1.88x | R$451.55 Million | R$849.92 Million | ▼ -89.7% |
| 2018 | 18.29x | R$41.49 Million | R$758.65 Million | ▼ -27.7% |
| 2017 | 25.29x | R$25.75 Million | R$651.20 Million | ▲ +6852.3% |
| 2016 | 0.36x | R$1.14 Billion | R$415.76 Million | ▼ -59.7% |
| 2015 | 0.90x | R$979.48 Million | R$883.24 Million | ▼ -36.6% |
| 2014 | 1.42x | R$585.47 Million | R$832.88 Million | ▲ +143.2% |
| 2013 | 0.58x | R$1.42 Billion | R$830.17 Million | ▼ -60.6% |
| 2012 | 1.48x | R$541.16 Million | R$803.26 Million | ▼ -5.5% |
| 2011 | 1.57x | R$472.01 Million | R$741.63 Million | ▲ +206.3% |
| 2010 | 0.51x | R$1.23 Billion | R$632.34 Million | ▼ -2.8% |
| 2009 | 0.53x | R$1.05 Billion | R$556.85 Million | ▲ +12.3% |
| 2008 | 0.47x | R$1.31 Billion | R$615.13 Million | ▲ +47.5% |
| 2007 | 0.32x | R$1.53 Billion | R$488.09 Million | ▲ +32.5% |
| 2006 | 0.24x | R$1.30 Billion | R$312.54 Million | ▼ -70.5% |
| 2004 | 0.82x | R$375.71 Million | R$307.05 Million | ▼ -57.4% |
| 2003 | 1.92x | R$146.61 Million | R$281.16 Million | — |